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• An agreement between two or more states. The ACA requires the NAIC to develop standards for voluntary interstate compacts that will permit sales of health insurance policies across state lines. These regulations are due July 1, 2013 to permit states to enter into Interstate compacts January 1, 2016. Where there is opportunity for interstate compacts for other insurance products, Minnesota has participated in the Interstate Insurance Product Regulation Compact. (See. Minn. Stat. 62A.99)

  Minnesota Department of Commerce, Insurance - Cite This Source - This Definition
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  Cite Definition for Interstate compact

  American Psychological Association (APA)

  Interstate compact. (n.d.). Glossary of Health Insurance Terms. Retrieved March 20, 2023, from website: http://www.expertglossary.com/definition/interstate-compact.

  Chicago Manual of Style (CMS)

  Interstate compact. mn.gov. Glossary of Health Insurance Terms. Minnesota Department of Commerce, Insurance. http://www.expertglossary.com/definition/interstate-compact (accessed: March 20, 2023).

  Modern Language Association (MLA)

  "Interstate compact." Glossary of Health Insurance Terms. Minnesota Department of Commerce, Insurance. 20 March. 2023 http://www.expertglossary.com/definition/interstate-compact.

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